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Active
128 Newbury Street Peabody, MA 01960
39,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
Square Footage 39,000 sqft
MLS Listing ID 73487650
HOA Y/N false
Year Built 2026
Tax Year 2026
Property Description
This 24,000 SF commercial building is currently being divided into sixteen (16) 1,500 SF bays, ideal for contractors, gyms, trades, and light industrial users. Each unit features a 14' x 14' overhead drive-in door, providing excellent access for vehicles, equipment, and materials. Each bay includes two dedicated parking spaces, with additional on-site visitor parking available. Ownership is open to combining multiple units for tenants requiring larger contiguous space, offering flexibility to accommodate a wide range of operational needs. The 24,000 SF building is expected to be completed by May/ June 2026. In addition, a second industrial building totaling approximately 15,000 SF is planned for delivery in Late Summer 2026, providing future expansion opportunities within the same site. The property is strategically located directly off Route 1 southbound, offering excellent accessibility to Route 128, I-95, and the greater North Shore market.
Location
State MA
County Essex
Zoning B
Direction GPS. Located directly in front of Alexan Peabody Apartments
Exterior
Utilities Available Public Water, Public Sewer
Others
Senior Community false
Listed by Five Mark Realty Group LLC